“They’ve riddled it with giveaways the super-rich don’t need, denying a break to middle-class families who do. ‘Let’s close the loopholes that lead to inequality by allowing the top one per cent to avoid paying taxes on their accumulated wealth,’ the president demanded. ‘We can use that money to help more families pay for childcare and send their kids to college.”
‘Will we accept an economy where only a few of us do spectacularly well?’ he asked later in his address, ‘or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?’
Obama first wants to hike the capital gains rate on couples making more than $500,000 annually, from 20 to 28 per cent.
ANY time you hear someone say one of these…
- You don’t need that
